3510 Peachtree Pkwy Suwanee, GA 30024-1031

This exceptional Class A retail property in Suwanee, GA, offers a compelling investment opportunity. Located at 3510 Peachtree Pkwy, this 4,150 square foot building sits on a 1-2 acre lot and boasts a 7.25% cap rate with a strong NOI of $174,096. The property features a single tenant, Mavis Discount Tires (formerly Kauffman Tire), under an absolute NNN lease with 2.9 years remaining on a 30.1-year term commencing September 16, 1997, and expiring September 30, 2027. The tenant is one of the most recognizable and profitable tire discount retailers in the US, providing a high degree of security and stability. The building itself is a four-sided brick construction, strategically located along a high-traffic thoroughfare (Peachtree Parkway) with over 45,000 cars per day, ensuring excellent visibility and accessibility. The property benefits from strong demographics, situated within 3 miles of 70,000 residents with an average household income of $200,000. This presents a rare opportunity in the highly desirable Suwanee market, characterized by low vacancy and a high barrier to entry. The asking price is $2,401,324, translating to a price per square foot of $578.63. This is a fee simple ownership with no ground lease and presents an excellent real estate and covered land play with potential for future upside.